Member Info for NewKOTB

First of all, I have to say the SP is a joke, and not in a funny way either. Guy's, what you are also forgetting is the massive 'unnoticed' upside should in the event of success at Rowallan. Given any type of success at Rowallan then we have look-a-like geologically structures nearby being Dundonald and Sundrum prospects. These to-date carry no value on our books, so name our SP come post Rowallan FREE carry success. IMO we should move to circa 90p come early Jan, then post deal I would hope, excluding all other activity, we should be trading at circa +£1.20. Any type of drill bit success / farm-in / additional deals and the SP is free to fly. Cash build from 1/1/2018 will be rapid and the II know this. Do not discount a move from AIM also. Great company, Board and potential. gla

imo, we are sitting at ONLY approx. 25% above where we should be given our existing assets and income pre BKR deal. So to say this current SP in is laughable does not even come close imo .... just need to read the RNS to see why this was classed as a reverse takeover of BKR. This will easily be +�1.20 once the deal is finalised imo

"Why Jan1st??..." Start of a New Year and new life for those LTH. Oh, and when this mega deal commences.

Ullage is available, so not an issue to bring R3 back on-line. https://www.bp.com/content/dam/bp-north-sea-infrastructure/en/word/BPNSI_Bruce_High_Level_Capacity.docx

conkclo, Ok, let's take FACT 1, License IS FOR SALE in 2018 NS licensing rounds...... All I need you to do is show a link where this can be collaborated. Easy .... don't you think

FACT 7. conkclo is here to de-ramp FACT 8. conkclo is here to de-ramp FACT 9. conkclo is here to de-ramp Just check this guys history and when he started posting .... lol As mentioned before, pellucid doesn't cover it.

"....., in 2016 the BKR Assets were significantly cash flow positive, generating an operating profit of $49.8 million before tax."

conkclo, Your posts all appear to have the same theme, that of a disgruntled employee .... is your cushy job now under threat. Appears to be the case. I would surmise that you are also a union man. Lets get this straight, the platforms will not be shut down due to lack of qualified personnel. SQZ have the whole world to recruit from. Change happens, get use to it and embrace it. Good luck in your new job though.

conkclo, We all know your agenda. However, your main point appears to be what exactly, 'change is bad'. lol.

conkclo, joined today and straight in with subtle de-ramps. While your alter-ego / tag team, buchanboy, has been a member for almost 4 years decides to start posting and also replying to each other today..... lol Pellucid hardly covers it ! I'm sure we will be hearing more nonsense over the coming weeks from you pair. SQZ, fab company, BOD's and have just made the deal of the year for an AIM O&G minnow imo.

saltere, Great post .... I think you covered all the de-ramps nicely. Today was purely the II's trying to get in at lowest possible price, although I do think we may be range bound 56-65 for the next month. Come mid Jan, we should be looking to move towards 90p imo. gla

buchanboy and conkclo, Don't think you need to worry about covering costs, in 2016 the BKR Assets were significantly cash flow positive, generating an operating profit of $49.8 million before tax. This excludes our current asset pulling in millions and US$165 million tax pool.

ENGLAND / BELGIUM / TUNISIA / PANAMA

"Perhaps some take the view that Serica has to prove that it can deliver on the integration of the acquisitions..." What do you mean 'deliver', they will be delivering 21kbpd from the off .... no integration required, cash flowing into our account from day1.

Remember Massive buying at 65p yesterday.

Scott, We will never get any where near 20 x earnings whilst we are on AIM. SQZ should seriously consider moving to FTSE and all the benefits that brings once deal completed.

Reported for obvious reasons.

"So that gives combined NPV10 of �1.37" So at close, we sit at 50% DISCOUNT to NAV

Chrysaor with all its synergies will be looking very very closely at SQZ, if it wasn't already. Need to close gap on NAV quickly to stand any chance of putting off any chancer's

Scott, "Rhum has potential to expand, which should offset the decline expected at Keith...." Rhum R3 well be re-entered and completed for production in 2018 which imo will more than off-set lower production elsewhere and would not surprise me to revise P2 upwards also.